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Amy Moore and Michael Taylor |
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''Experimental Economics Research: Is there an alternative to having huge research budgets?'' |
( 2007, Vol. 3 No.4 ) |
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The need to pay subjects to participate in experiments places a major financial burden on experimental economists. In this paper, we conduct dictator games and find that there is no difference in the way student subjects split money and extra-credit points, an encouraging result that suggests that giving course points could be a viable alternative to giving out cash in economic experiments. |
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Keywords: dictator games |
JEL: C9 - Design of Experiments: General
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Manuscript Received : Nov 27 2006 | | Manuscript Accepted : Jan 20 2007 |
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